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| Sponsored by Quicken Loans |
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| Under Pressure: Affordability Concerns Magnified Two Times for Boomers |
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Baby boomers are doubly worried about housing affordability—for themselves, and the next generation of homeowners and renters. A new report by The NHP Foundation reveals 30 percent of those aged 55-plus feel "anxiety" about affording housing in their area at least once per month, and 64 percent also feel concern about their adult children affording housing. Affordability recently fell to its lowest level since 2008, and a recent analysis reveals the average homebuyer needs to spend more than two-thirds of their annual income to afford a 20 percent down payment. ...
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You're exploring life as a new employee in a city of which you know little. The last thing you want to do is blindly choose a house out of necessity. Here are four tips that can help you in your quest to find the perfect new home in your new city.
